Enhancing Model Selection Based On Penalized Regression Methods And Empirical Mode Decomposition

In this study, the penalized regularization methods, namely, the smoothly clipped absolute deviation (SCAD), adaptive least absolute shrinkage and selection operator (adLASSO) regression, minimax concave penalty (MCP) and elastic net (ELNET) regression, are adopted. Those methods are combined with t...

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Main Author: Al Jawarneh, Abdullah Suleiman Saleh
Format: Thesis
Language:English
Published: 2021
Subjects:
Online Access:http://eprints.usm.my/51620/
http://eprints.usm.my/51620/1/ABDULLAH%20SULEIMAN%20SALEH%20AL%20JAWARNEH%20-%20TESIS.pdf
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author Al Jawarneh, Abdullah Suleiman Saleh
author_facet Al Jawarneh, Abdullah Suleiman Saleh
author_sort Al Jawarneh, Abdullah Suleiman Saleh
building USM Institutional Repository
collection Online Access
description In this study, the penalized regularization methods, namely, the smoothly clipped absolute deviation (SCAD), adaptive least absolute shrinkage and selection operator (adLASSO) regression, minimax concave penalty (MCP) and elastic net (ELNET) regression, are adopted. Those methods are combined with the first part of the Hilbert–Huang transformation, namely, the empirical mode decomposition (EMD) algorithm. The EMD algorithm is employed to decompose the nonstationary and nonlinear time series dataset into a finite set of orthogonal decomposition components, which includes a set of intrinsic mode function and residual components. These components have been used in several studies as new predictor variables to predict the behaviour of the response variable. The penalized regularization methods are statistical techniques used to regularize and select the necessary predictor variables that have substantial effects on the response variable. These methods are also utilized to produce a consistent model in terms of variable selection and asymptotically normal estimates and address the multicollinearity problem when it exists between the predictor variables. This study aims to apply the proposed SCAD-EMD, adLASSO-EMD, MCP-EMD and ELNET-EMD methods to determine the effect of the decomposition components of the original univariate/multivariate time series predictor variable(s) on the response variable. Moreover, this study tackles the multicollinearity between the decomposition components to enhance the prediction accuracy for creating a fitting model. The proposed techniques are compared with four traditional regression methods employed in the previous study.
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institution Universiti Sains Malaysia
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language English
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spelling usm-516202022-02-23T03:25:26Z http://eprints.usm.my/51620/ Enhancing Model Selection Based On Penalized Regression Methods And Empirical Mode Decomposition Al Jawarneh, Abdullah Suleiman Saleh QA1 Mathematics (General) In this study, the penalized regularization methods, namely, the smoothly clipped absolute deviation (SCAD), adaptive least absolute shrinkage and selection operator (adLASSO) regression, minimax concave penalty (MCP) and elastic net (ELNET) regression, are adopted. Those methods are combined with the first part of the Hilbert–Huang transformation, namely, the empirical mode decomposition (EMD) algorithm. The EMD algorithm is employed to decompose the nonstationary and nonlinear time series dataset into a finite set of orthogonal decomposition components, which includes a set of intrinsic mode function and residual components. These components have been used in several studies as new predictor variables to predict the behaviour of the response variable. The penalized regularization methods are statistical techniques used to regularize and select the necessary predictor variables that have substantial effects on the response variable. These methods are also utilized to produce a consistent model in terms of variable selection and asymptotically normal estimates and address the multicollinearity problem when it exists between the predictor variables. This study aims to apply the proposed SCAD-EMD, adLASSO-EMD, MCP-EMD and ELNET-EMD methods to determine the effect of the decomposition components of the original univariate/multivariate time series predictor variable(s) on the response variable. Moreover, this study tackles the multicollinearity between the decomposition components to enhance the prediction accuracy for creating a fitting model. The proposed techniques are compared with four traditional regression methods employed in the previous study. 2021-02 Thesis NonPeerReviewed application/pdf en http://eprints.usm.my/51620/1/ABDULLAH%20SULEIMAN%20SALEH%20AL%20JAWARNEH%20-%20TESIS.pdf Al Jawarneh, Abdullah Suleiman Saleh (2021) Enhancing Model Selection Based On Penalized Regression Methods And Empirical Mode Decomposition. PhD thesis, Perpustakaan Hamzah Sendut.
spellingShingle QA1 Mathematics (General)
Al Jawarneh, Abdullah Suleiman Saleh
Enhancing Model Selection Based On Penalized Regression Methods And Empirical Mode Decomposition
title Enhancing Model Selection Based On Penalized Regression Methods And Empirical Mode Decomposition
title_full Enhancing Model Selection Based On Penalized Regression Methods And Empirical Mode Decomposition
title_fullStr Enhancing Model Selection Based On Penalized Regression Methods And Empirical Mode Decomposition
title_full_unstemmed Enhancing Model Selection Based On Penalized Regression Methods And Empirical Mode Decomposition
title_short Enhancing Model Selection Based On Penalized Regression Methods And Empirical Mode Decomposition
title_sort enhancing model selection based on penalized regression methods and empirical mode decomposition
topic QA1 Mathematics (General)
url http://eprints.usm.my/51620/
http://eprints.usm.my/51620/1/ABDULLAH%20SULEIMAN%20SALEH%20AL%20JAWARNEH%20-%20TESIS.pdf